Why This Former Billionaire And Goldman Sachs Veteran Now Sees Bitcoin Hitting $50,000 In 2021

Bitcoin has surged over the last few weeks, smashing through its 2017 peak and treading fresh ground for the first time in three years.

The bitcoin price has more than doubled in the last two months, a bull run that began when payments giant PayPal

PYPL
announced it would support bitcoin purchases (though with a worrying catch).

Now, former hedge fund billionaire-turned bitcoin and crypto investor, Michael Novogratz, has said he can see bitcoin hitting $50,000 next…